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Also known as: C/O CHARLES P NELSON JR EASTERN BANK
Towards Sustainability Foundation is a private trust based in SAUGUS, MA. The foundation received its IRS ruling in 1998. The principal officer is % David Olaksen Eastern Bank. It holds total assets of $14.4M. Annual income is reported at $5.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Towards Sustainability Foundation has made 82 grants totaling $2.5M, with a median grant of $20K. Annual giving has grown from $764K in 2021 to $1.7M in 2022. Individual grants have ranged from $5K to $110K, with an average award of $30K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, District of Columbia, which account for 74% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Towards Sustainability Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 82 grants. Its grantmaking reaches organizations primarily in NY, MA, DC.
Towards Sustainability Foundation has distributed a total of $2.5M across 82 grants. The median grant size is $20K, with an average of $30K. Individual grants have ranged from $5K to $110K.
The application deadline is August 15 for consideration of grant for the Organization's fiscal year ending September 30.. Towards Sustainability Foundation ("TSF") intends to provide financial support only to 501(c)(3) public charities which help promote the efficient use of the earth's natural resources and human capital towards a balanced carrying capacity that can support all living organisms fairly and justly.
Towards Sustainability Foundation is headquartered in SAUGUS, MA. While based in MA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eastern Bank | Trustee | $139K | $0 | $139K |
| Susan K Syversen | Advisory Committee | $33K | $0 | $33K |
| John R Dunnell | Advisory Committee | $33K | $0 | $33K |
Total Giving
$1.1M
Total Assets
$14.3M
Fair Market Value
$15.7M
Net Worth
$14.3M
Grants Paid
$845K
Contributions
$0
Net Investment Income
$1.1M
Distribution Amount
$790K
Total: $10.1M
Total Grants
82
Total Giving
$2.5M
Average Grant
$30K
Median Grant
$20K
Unique Recipients
28
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MadreAdvancing Climate Justice Initiative | New York, NY | $25K | 2022 |
| Cornell University - Atkinson Center For A Sustainable FutureSustainable Biodiversity Research Program | Ithaca, NY | $110K | 2022 |
| Cornell University - College Of Agriculture And Life SciencesOrganic Farming Research Program | Ithaca, NY | $110K | 2022 |
| Planned Parenthood Federation Of AmericaGeneral Domestic and Global Support | New York, NY | $100K | 2022 |
| Tufts University - Friedman School Of Nutrition And Science Policy |
| Boston, MA |
| $81K |
| 2022 |
| Ecologic Development FundGeneral Purposes | Cambridge, MA | $40K | 2022 |
| Womens Microfinance InitiativeGeneral Purposes | Cabin John, MD | $30K | 2022 |
| Green AmericaGeneral Purposes | Washington, DC | $25K | 2022 |
| Oxfam-AmericaGeneral Purposes | Boston, MA | $25K | 2022 |
| Rainforest AllianceSupporting Women Cacao Farmers (Honduras) | New York, NY | $25K | 2022 |
| Food ProjectGeneral Purposes | Lincoln, MA | $25K | 2022 |
| Essex County GreenbeltLand Conservation Outreach Initiative | Essex, MA | $25K | 2022 |
| Greenpeace FundProtecting Ocean Biodiversity | Washington, DC | $20K | 2022 |
| American Friends Service CommitteePeace & Livelihoods Programs | Philadelphia, PA | $20K | 2022 |
| Gulf Of Maine InstituteGeneral Purposes | West Newbury, MA | $20K | 2022 |
| Massachusetts Audubon SocietyGeneral Purposes | Lincoln, MA | $20K | 2022 |
| Nyu Stern School For BusinessROSI Research | New York, NY | $20K | 2022 |
| Rodale InstituteSoil Health/Corn Nutrient Study | Kutztown, PA | $15K | 2022 |
| Red TomatoGeneral Purposes | Providence, RI | $15K | 2022 |
| Lloyd Center For The EnvironmentGeneral Purposes | Dartmouth, MA | $15K | 2022 |
| Nature Conservancy - Ma ChapterGeneral Purposes | Boston, MA | $15K | 2022 |
| Organization For Tropical StudiesVivero de la Cultura Program | Durham, NC | $15K | 2022 |
| CisaGeneral Purposes | South Deerfield, MA | $15K | 2022 |
| Creative Action InstituteGeneral Purposes | Ipswich, MA | $15K | 2022 |
| Vamos Adelante FoundationSecondary School for Rural Guatamalan Students | Elburn, IL | $10K | 2022 |
| Safe PassageGeneral Purposes | New Gloucester, ME | $10K | 2022 |
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